Frasers Group (LON:FRAS) Sets New 12-Month Low – Should You Sell?

Frasers Group Plc (LON:FRAS) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 603.50 ($7.57) and last traded at GBX 605.50 ($7.59), with a volume of 1308169 shares changing hands. The stock had previously closed at GBX 626.55 ($7.85).

Wall Street Analyst Weigh In

FRAS has been the subject of a number of research reports. Shore Capital downgraded Frasers Group to a “hold” rating in a research report on Friday, December 13th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,200 ($15.04) price target on shares of Frasers Group in a report on Friday, December 6th.

Frasers Group Price Performance

The company has a market cap of £2.77 billion, a price-to-earnings ratio of 683.89, a P/E/G ratio of 0.30 and a beta of 1.86. The company has a debt-to-equity ratio of 77.55, a quick ratio of 0.64 and a current ratio of 2.57. The company’s 50 day moving average price is GBX 727.84 and its 200 day moving average price is GBX 810.15.

Frasers Group (LON:FRAS) last posted its earnings results on Thursday, December 5th. The company reported GBX 51 ($0.64) earnings per share (EPS) for the quarter. Frasers Group had a net margin of 6.88% and a return on equity of 22.54%. On average, equities research analysts predict that Frasers Group Plc will post 87.0607029 earnings per share for the current fiscal year.

Insider Buying and Selling at Frasers Group

In other Frasers Group news, insider David Daly purchased 3,084 shares of the stock in a transaction dated Thursday, December 5th. The stock was bought at an average price of GBX 645 ($8.09) per share, for a total transaction of £19,891.80 ($24,936.44). Corporate insiders own 77.18% of the company’s stock.

Frasers Group Company Profile

Frasers Group Plc, together with its subsidiaries, retails sports and leisure clothing, footwear, equipment, accessories, and apparel through department stores, shops, and online in the United Kingdom, Europe, the United States, Asia, Oceania, and internationally. The company operates through four segments: UK Sports Retail, Premium Lifestyle, International Retail, and Wholesale & Licensing.